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UAW, Mack Trucks agree tentative deal, suspend two-week strike

Published 10/24/2019, 10:12 PM
Updated 10/24/2019, 10:12 PM
© Reuters. FILE PHOTO: The Volvo logo on the front grill of a truck in a showroom at the company's Gothenburg headquarters

(Reuters) - United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo's (ST:VOLVb) Mack Trucks on Thursday, both parties said.

More than 3,600 union members working at Mack across the United States began the strike this month, in a bid to negotiate new terms.

"UAW members at Mack have achieved significant gains toward fair pay, benefits and job security protections," the union said in a statement, without disclosing details.

Mack will bring the employees back to work as soon as possible, and expects to ramp up to full production in several days, the firm said in a separate statement.

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